The Gordon Ramsay restaurant, Ritz-Carlton, Powerscourt, Ireland
Arguably the most famous chef in Dubai is also leading the battle to improve Irish cuisine from his signature restaurant at the Ritz-Carlton in Powerscourt, an…
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Black Monday risk as August ends
Will there be a sudden plunge on financial markets on Monday as the month of August comes to a close? Markets do seem to be riding for a fall.
Certainly a bout of end of…
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How will another global financial crisis impact Dubai property?
Perhaps the global financial crisis will prove a blessing in disguise for Dubai. Greater global regulation and higher taxes could lead to an exodus of the financial industry to offshore locations. The Dubai International Financial…
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Calm before the storm, a sense of deja vu in China?
Markets are very quiet this week but China is particular is weakening. This reminds me almost exactly of the picture a year ago when markets also seemed far too high for what lay ahead.
I…
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The Cahernane House Hotel in Killarney, County Kerry, Ireland
One informed local expert told me that tourism numbers in Ireland are probably down about 20 per cent this year, and revenues down 40-50 per cent because visitors are spending far less due to the…
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Market risk remains heavily to the downside, shorts make sense
Just consider this market report and ask whether staying long or going short is the best investment strategy now:
HONG KONG (AP) — Asian stocks dropped Monday, with China’s main index tumbling more than 3…
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Roubini sees risk of double-dip recession, stocks down
The week started on a down note for stocks, now incredibly overbought for the economic outlook. Roubini has been right before, here is what he is saying now:
Aug. 24 (Bloomberg) — Nouriel Roubini, the…
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A great time of year to visit Dublin
Ireland has perhaps been hardest hit by the global economic recession and that makes this an exceptionally good time to visit the capital city of the Emerald Isle. You are not going to have a…
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Dubai and Dublin share a common debt problem in real estate
Dubai and Dublin are many thousands of miles apart on different continents but the property crashes that have afflicted both cities have left a similar legacy in terms of debt mountains and a question mark…
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Russia buys $558m worth of gold in July
This is from a reader’s letter to Jim Sinclair’s website, and seems a reliable source:
‘I have been tracking the Russian central bank gold holdings since October of 2006 when they stood at 12.5 million…
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